The February 28, 2014 show (#309) was no exception.
The third panelist was Austan Goolsbee. He is a professor of economics at the University of Chicago and the author of MicroEconomics. He is no light-weight—he was formerly chair of the President’s Council of Economic Advisors. He had some important things to say about the current cuts to the military supported by Obama and Secretary of Defense Chuck Hagel. He said that we need a different kind of military now that in prior eras—we need technology more than troops and armaments. We should get rid of the tanks and aircraft the military doesn’t even want any more. He said “They are cutting strategically, not willy-nilly.” Hoover and Kristol, as would be expected, were in hysterics about how these cuts would be the end of America.